Company registration number: 08543904 Charity registration number: 1157130
Joiners Square Community Centre Limited
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
Daryl Denson ACMA VAST The Dudson Centre Hope Street Stoke on Trent ST1 5DD
Joiners Square Community Centre Limited
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees Report incorporating the Directors' report. | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 14 |
Joiners Square Community Centre Limited
Reference and Administrative Details
Trustees J Upton A Watson C Wilson Charity Registration Number 1157130 Company Registration Number 08543904
The charity is incorporated in England. Registered Office Cornes Street Hanley Stoke on Trent ST1 3JA Independent Examiner Daryl Denson ACMA VAST The Dudson Centre Hope Street Stoke on Trent ST1 5DD
Page 1
Joiners Square Community Centre Limited
Trustees Report incorporating the Directors' report.
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2025.
Objectives and activities
Objects and aims
The Charity's objects are specifically restricted to further or benefit the residents of Joiners Square, Stoke on Trent and the surrounding and wider area, without distinction of sex, sexual orientation, race or political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.
Public benefit
Providing facilities for the benefit of the residents of Joiners Square and the wider Stoke on Trent area thus improving their quality of life, their health and their general wellbeing.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
The financial results are on pages 5 to 12 of this report.
Policy on reserves
Reserves are held to meet the costs of maintaining the community centre premises. The reserves at the year end are £8,959 (2024 £3,363).
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: J Upton A Watson C Wilson
Structure, governance and management
Nature of governing document
The company is governed by its' memorandum and articles dated 24 May 2013 as amended 14 April 2014 when the company registered as a charity with The Charity Commission for England and Wales.
Recruitment and appointment of trustees
Trustees are elected at the Annual General Meeting.
Page 2
Joiners Square Community Centre Limited
Trustees Report incorporating the Directors' report.
Organisational structure
The company took over the running of the community centre on 2 September 2014. The premises are leased from Stoke on Trent City Council. On this date the assets and liabilities of Joiners Square Community Hall (an unincorporated community group) were transferred into the charitable company and it began to trade.
Major risks and management of those risks
The main risks are a reduction in the level of bookings and unexpected building maintenance costs. We are taking steps to advertise our facilities to increase the number of bookings.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... C Wilson Trustee
Page 3
Joiners Square Community Centre Limited
Independent Examiner's Report to the trustees of Joiners Square Community Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of Joiners Square Community Centre Limited as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Daryl Denson ACMA
VAST The Dudson Centre Hope Street Stoke on Trent ST1 5DD
Date:.............................
Page 4
Joiners Square Community Centre Limited
Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Income and Endowments from: Donations and legacies Charitable activities Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward Note Income and Endowments from: Charitable activities 3 Total income Expenditure on: Charitable activities 4 Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 |
Note 2 3 4 11 Unrestricted funds £ 22,096 22,096 (25,567) (25,567) (3,471) (3,471) 6,834 3,363 |
Unrestricted funds £ 1,361 36,560 37,921 (32,325) (32,325) 5,596 5,596 3,363 8,959 Restricted funds £ - - (7,400) (7,400) (7,400) (7,400) 7,400 - |
Total 2025 £ 1,361 36,560 |
|---|---|---|---|
| 37,921 | |||
| (32,325) | |||
| (32,325) | |||
| 5,596 | |||
| 5,596 3,363 |
|||
| 8,959 | |||
| Total 2024 £ 22,096 |
|||
| 22,096 | |||
| (32,967) | |||
| (32,967) | |||
| (10,871) | |||
| (10,871) 14,234 |
|||
| 3,363 |
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 7 to 14 form an integral part of these financial statements. Page 5
Joiners Square Community Centre Limited
(Registration number: 08543904) Balance Sheet as at 31 March 2025
| Note Fixed assets Tangible assets 7 Current assets Cash at bank and in hand Creditors: Amounts falling due within one year 10 Net current assets/(liabilities) Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 11 |
2025 £ 3,315 7,101 (1,457) 5,644 8,959 8,959 8,959 |
2024 £ 3,900 63 (600) |
|---|---|---|
| (537) | ||
| 3,363 | ||
| 3,363 | ||
| 3,363 |
For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 5 to 14 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... C Wilson Trustee
The notes on pages 7 to 14 form an integral part of these financial statements. Page 6
Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Joiners Square Community Centre Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date.
Expenditure
All expenditure is recognised in the period in which a liability is incurred and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
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Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Charitable activities
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the Charity’s compliance with constitutional and statutory requirements, including independent examination and Trustee’s meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Depreciation rate 15% reducing Fixtures, fittings, tools and equipment balance Leasehold Improvements Depreciation rate 0%
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Page 8
Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
2 Income from donations and legacies
| Donations and legacies; Donations from individuals 3 Income from charitable activities Hall Hire Hall Hire |
Unrestricted funds General £ 1,361 1,361 Unrestricted funds General £ 36,560 Unrestricted funds General £ 22,096 |
Total 2025 £ 1,361 |
|---|---|---|
| 1,361 | ||
| Total 2024 £ - |
||
| Total 2025 £ 36,560 |
||
| Total 2024 £ 22,096 |
Page 9
Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
4 Expenditure on charitable activities
| Hall Hire Depreciation Hall Hire Depreciation |
Unrestricted funds General £ 24,279 688 24,967 |
Unrestricted funds General £ 31,140 585 31,725 Restricted funds £ 7,400 - 7,400 |
Total 2025 £ 31,140 585 |
|---|---|---|---|
| 31,725 | |||
| Total 2024 £ 31,679 688 |
|||
| 32,367 |
£31,725 (2024 - £24,967) of the above expenditure was attributable to unrestricted funds and £Nil (2024 - £7,400) to restricted funds.
In addition to the expenditure analysed above, there are also governance costs of £857 (2024 - £600) which relate directly to charitable activities. See note 5 for further details.
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Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
5 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Legal fees Independent examiner fees Examination of the financial statements |
Unrestricted funds General £ 600 257 857 Unrestricted funds General £ 600 600 |
Total 2025 £ 600 257 |
|---|---|---|
| 857 | ||
| Total 2024 £ 600 |
||
| 600 |
6 Taxation
The charity is a registered charity and is therefore exempt from taxation.
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Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
7 Tangible fixed assets
| Cost At 1 April 2024 At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 |
Furniture and equipment £ 13,353 13,353 9,453 585 10,038 3,315 3,900 |
Total £ 13,353 |
|---|---|---|
| 13,353 | ||
| 9,453 585 |
||
| 10,038 | ||
| 3,315 | ||
| 3,900 |
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
9 Charity status
The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
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Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
10 Creditors: amounts falling due within one year
| Accruals 11 Funds Unrestricted funds General Unrestricted general fund Unrestricted funds General Unrestricted general fund Restricted SOT CC Total funds |
Balance at 1 April 2024 £ 3,363 Balance at 1 April 2023 £ 6,834 7,400 14,234 |
Incoming resources £ 37,921 Incoming resources £ 22,096 - 22,096 |
2025 £ 1,457 Resources expended £ (32,325) Resources expended £ (25,567) (7,400) (32,967) |
2024 £ 600 |
|---|---|---|---|---|
| Balance at 31 March 2025 £ 8,959 |
||||
| Balance at 31 March 2024 £ 3,363 - |
||||
| 3,363 |
The specific purposes for which the funds are to be applied are as follows:
£44,900 was received from Stoke on Trent City Council Community Investment Grant to replace the windows, guttering and fascia boards at the centre.
12 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 3,315 7,101 (1,457) 8,959 |
Total funds at 31 March 2025 £ 3,315 7,101 (1,457) |
|---|---|---|
| 8,959 |
Page 13
Joiners Square Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
| Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 3,900 63 (600) 3,363 |
Total funds at 31 March 2024 £ 3,900 63 (600) |
|---|---|---|
| 3,363 |
13 Related party transactions
There were no related party transactions in the year.
Page 14